Daily Bulletin (15th February, 2022)
Scrip code : 500410
Name : ACC Ltd
Subject : Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press Release – ACC expands capacity by 1.6 MTPA at Tikaria grinding unit in the state of Uttar Pradesh.
Scrip code : 543248
Name : Burger King India Limited
Subject : Announcement under Regulation 30 (LODR)-Qualified Institutional Placement
In reference to our earlier letter, we wish to inform you that the Fund Raising Committee at its meeting held today i.e. on February 15, 2022 has, inter alia, passed the following resolutions: a) Approving the closure of the issue period for the Issue today i.e. February 15, 2022; b) Determining and approving the issue price of ?129.25 per Equity Share (including a premium of ?119.25 per Equity Share), [which is at a discount of 5% (i.e. ? 6.80 per Equity Share) to the floor price of ?136.05 per Equity Share] determined as per the formula prescribed under Regulation 176(1) of the SEBI ICDR Regulations, for the Equity Shares to be allotted to the eligible qualified institutional buyers in the Issue; and c) Approving and finalising the confirmation of allocation note to be sent to the eligible qualified institutional buyers, intimating them of allocation of Equity Shares pursuant to the Issue.
Scrip code : 506390
Name : Clariant Chemicals (India) Limited
Subject : Updates on Open Offer
ICICI Securities Ltd (“Manager to the Offer”) has submitted to BSE a copy of Advertisement in accordance with Regulation 18(7) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (As Amended) (“SEBI (SAST Regulations”) and Corrigendum to the Detailed Public Statement and Draft Letter of Offer (“Corrigendum”) with respect to the Open Offer to the Public Shareholders of Clariant Chemicals (India) Ltd (“Target Company”).
Scrip code : 543225
Name : Data Infrastructure Trust
Subject : Intimation Of Rights Entitlement Ratio For The Rights Issue
Further to the intimation dated February 12, 2022, in relation to the proposed rights issue of units by the Data Infrastructure Trust (‘Trust’, and such issue, the ‘Rights Issue’), we hereby inform you that the Data InvIT Committee of the Board of Directors of Brookfield India Infrastructure Manager Private Limited, acting in the capacity of Investment Manager to the Trust, has today (i.e., on February 15, 2022) considered and approved the rights entitlement ratio (i.e., 1 (one) unit for every 88 (eighty-eight) units held by the eligible unitholders on the record date in connection with the Rights Issue). Further, as the trading lot size comprises 200,000 units in accordance with the Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014, for the Trust, minimum application in the Rights Issue by any investor shall be for 200,000 units. The minimum allotment to any investor shall not be less than Rs. 20 million.
Scrip code : 500620
Name : Great Eastern Shipping Co. Ltd.,
Subject : Intimation Regarding Extinguishment Of Equity Shares Pursuant To Buyback.
The Company has extinguished 5,57,444 Equity Shares of face value Rs. 10/- each, which were bought back by the Company from open market through Stock Exchanges.
Scrip code : 543277
Name : Laxmi Organic Industries Limited
Subject : Announcement under Regulation 30 (LODR)-Acquisition
Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, we hereby inform you that the Company has signed Share Subscription and Shareholders’ Agreement with Radiance MH Sunrise Seven Private Limited and Radiance Renewables Private Limited, for acquiring 15,12,000 equity shares constituting 26% of the total share capital of Radiance MH Sunrise Seven Private Limited for a sum not exceeding to ?1,51,20,000 (Rupees One Crore Fifty-One Lakh Twenty Thousand only).
Scrip code : 513554
Name : Mahamaya Steel Industries Limited
Subject : Announcement under Regulation 30 (LODR)-Preferential Issue
To issue and allot, in one or more tranches, up to 16,64,000 (Sixteen Lakhs Sixty-Four Thousand Only) fully paid-up Equity Shares of Rs. 10/- each at a price determined in accordance with the pricing formula prescribed under Chapter V of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 for cash to the proposed allottees under Promoter category. Convene the Extra Ordinary General Meeting of the Company on Saturday, 19″” March, 2022 and approve the Notice of the same.
Scrip code : 533295
Name : PUNJAB & SIND BANK
Subject : Reporting Of Borrowal Fraud Of Bank”s Exposure In M/S IL & FS Tamil Nadu Power Company Limited Involving An Amount Of Rs.148.86 Crore
Pursuant to the applicable provisions of SEBI (LODR) Regulations and the materiality policy of the Bank we inform as under: In terms of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and having regard to the Bank”s policy on determination and disclosures of material events, it is informed that an NPA Account, viz. M/s IL & FS Tamil Nadu Power Company Limited with outstanding dues of Rs.148.86 crore has been declared as fraud and reported to RBI today as per regulatory requirement. Bank has already made provisions amounting to Rs.59.54 crore, as per prescribed prudential norms.
Scrip code : 532779
Name : TORRENT POWER LIMITED
Subject : Completion Of Acquisition Of Visual Percept Solar Projects Private Limited
Pursuant to the SEBI LODR and further to the Company’s intimation dated February 10, 2022, we inform that the Company has, pursuant to Share Purchase Agreement between Torrent Power Limited, Blue Daimond Properties Private Limited and Balrampur Chini Mills Limited, (the Sellers) and Visual Percept Solar Projects Private Limited (SPV) as intimated earlier, completed transaction of acquisition of 100% Equity Share Capital of Visual Percept Solar Projects Private Limited.